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Asian markets inch higher as China keeps lending rates unchanged; Read to know more

Asian markets inch higher as China keeps lending rates unchanged; Read to know more
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OYO Hits Pause on IPO, Plans to Refile After Refinancing: Sources

So its prudent to withdraw the current application, he added.The refinancing will extend the repayment timeline to five years versus the repayment of the remaining TLB due in 2026 the source said.The bond issuance would significantly lower the current effective interest rate of 14 per cent on its existing USD 450 million Term Loan B TLB facility.The refinancing is expected to result in annual interest savings of USD 8-10 million Rs 66.4-83 crore in the first year, after accounting for the costs associated with the bond issuance. ....

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Officer's Choice Whiskey Maker, Allied Blenders & Distillers, Gets SEBI Approval For ₹1,500 Cr IPO; Check Details Here

Alied Blenders and Distillers Ltd., which makes Officer's Choice Whisky, announced on May 14 that it has been given the go-ahead by market regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO). According to the DRHP, the initial share sale consists of a promoter OFS of shares valued at Rs 500 crore and a new issuance of equity shares valued at Rs 1,000 crore. ....

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